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Side-by-side financial comparison of Madison Square Garden Sports Corp. (MSGS) and RISKIFIED LTD. (RSKD). Click either name above to swap in a different company.
Madison Square Garden Sports Corp. is the larger business by last-quarter revenue ($403.4M vs $234.0M, roughly 1.7× RISKIFIED LTD.). Madison Square Garden Sports Corp. runs the higher net margin — 2.0% vs -13.2%, a 15.2% gap on every dollar of revenue.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
Riskified is a publicly traded software company headquartered in Tel Aviv, Israel, with additional offices in New York City. The company provides software-as-a-service (SaaS) solutions focused on fraud prevention, chargeback management, and risk intelligence for e-commerce merchants.
MSGS vs RSKD — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $403.4M | $234.0M |
| Net Profit | $8.2M | $-30.8M |
| Gross Margin | — | 52.2% |
| Operating Margin | 5.5% | -19.0% |
| Net Margin | 2.0% | -13.2% |
| Revenue YoY | 12.8% | — |
| Net Profit YoY | 641.9% | — |
| EPS (diluted) | $0.34 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $403.4M | — | ||
| Q3 25 | $39.5M | $234.0M | ||
| Q2 25 | $204.0M | $155.1M | ||
| Q1 25 | $424.2M | $76.4M | ||
| Q4 24 | $357.8M | — | ||
| Q3 24 | $53.3M | $213.5M | ||
| Q2 24 | $227.3M | $141.7M | ||
| Q1 24 | $430.0M | $68.9M |
| Q4 25 | $8.2M | — | ||
| Q3 25 | $-8.8M | $-30.8M | ||
| Q2 25 | $-1.8M | $-21.1M | ||
| Q1 25 | $-14.2M | $-11.6M | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $-7.5M | $-55.8M | ||
| Q2 24 | $25.5M | $-34.8M | ||
| Q1 24 | $37.9M | $-18.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 55.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 48.7% | ||
| Q2 24 | — | 51.4% | ||
| Q1 24 | — | 52.0% |
| Q4 25 | 5.5% | — | ||
| Q3 25 | -69.5% | -19.0% | ||
| Q2 25 | -11.1% | -19.4% | ||
| Q1 25 | 7.6% | -20.8% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | -15.5% | -32.9% | ||
| Q2 24 | 23.0% | -31.8% | ||
| Q1 24 | 18.5% | -33.4% |
| Q4 25 | 2.0% | — | ||
| Q3 25 | -22.3% | -13.2% | ||
| Q2 25 | -0.9% | -13.6% | ||
| Q1 25 | -3.4% | -15.2% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | -14.1% | -26.1% | ||
| Q2 24 | 11.2% | -24.6% | ||
| Q1 24 | 8.8% | -26.1% |
| Q4 25 | $0.34 | — | ||
| Q3 25 | $-0.37 | — | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.59 | — | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $-0.31 | — | ||
| Q2 24 | $1.07 | — | ||
| Q1 24 | $1.57 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $81.3M | $371.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-282.1M | $382.3M |
| Total Assets | $1.5B | $495.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.3M | — | ||
| Q3 25 | $48.6M | $371.1M | ||
| Q2 25 | $144.6M | $371.1M | ||
| Q1 25 | $96.5M | $371.1M | ||
| Q4 24 | $107.8M | — | ||
| Q3 24 | $52.3M | $440.8M | ||
| Q2 24 | $89.1M | $440.8M | ||
| Q1 24 | $40.0M | $440.8M |
| Q4 25 | $-282.1M | — | ||
| Q3 25 | $-294.2M | $382.3M | ||
| Q2 25 | $-281.4M | $382.3M | ||
| Q1 25 | $-283.4M | $382.3M | ||
| Q4 24 | $-273.1M | — | ||
| Q3 24 | $-277.5M | $491.7M | ||
| Q2 24 | $-266.3M | $491.7M | ||
| Q1 24 | $-294.0M | $491.7M |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $495.9M | ||
| Q2 25 | $1.5B | $495.9M | ||
| Q1 25 | $1.5B | $495.9M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | $601.9M | ||
| Q2 24 | $1.3B | $601.9M | ||
| Q1 24 | $1.4B | $601.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $32.4M | — |
| Free Cash FlowOCF − Capex | $31.6M | — |
| FCF MarginFCF / Revenue | 7.8% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | 3.94× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-480.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $32.4M | — | ||
| Q3 25 | $-85.0M | — | ||
| Q2 25 | $49.7M | — | ||
| Q1 25 | $6.3M | — | ||
| Q4 24 | $61.8M | — | ||
| Q3 24 | $-26.2M | — | ||
| Q2 24 | $108.4M | — | ||
| Q1 24 | $4.0M | — |
| Q4 25 | $31.6M | — | ||
| Q3 25 | $-85.3M | — | ||
| Q2 25 | $49.4M | — | ||
| Q1 25 | $3.9M | — | ||
| Q4 24 | $61.2M | — | ||
| Q3 24 | $-26.5M | — | ||
| Q2 24 | $108.0M | — | ||
| Q1 24 | $3.9M | — |
| Q4 25 | 7.8% | — | ||
| Q3 25 | -216.3% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | -49.7% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 0.9% | — |
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | 3.94× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 55.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.25× | — | ||
| Q1 24 | 0.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
RSKD
Segment breakdown not available.
